Crypto analyst Ali Martinez recently shared insights suggesting that SUI Coin could be poised to follow in the footsteps of Solana 
$140 (SOL). Another analyst, Crypto Tony, updated his predictions for SOL Coin, identifying key levels to watch as investors look for alternative opportunities in the ongoing bull market. This article examines two valuable analyses and provides a brief market summary.
Crypto Market Overview
The SEC imposed a $225,000 fine on Galois Capital for violations of the Investment Advisors Act, a ruling that could set precedents for other companies. Maintaining customer assets in a cryptocurrency exchange account can be risky for investment firms. An example is the FTX case, where Galois was found guilty of selling non-existent assets, leading to significant investor losses.
Since late last year, Binance has been under continuous scrutiny for compliance through third-party oversight. Moreover, the former CEO of Binance is scheduled for release on September 29.
Solana (SOL) and SUI Coin
Ali Martinez shared a graph indicating that SUI Coin is preparing for a significant rally. If his prediction holds true, SUI Coin could mirror the massive gains seen during the SOL Coin rally that began at $4 in 2021.
“SUI resembles Solana in 2021 before the bull run!”
Regarding SOL Coin, Crypto Tony reiterated his long position suggestion at $118, noting that if key resistance levels hold, new peaks could be reached above $400 in the future.
As this article was prepared, Bitcoin 
$90,533‘s price hovered around $62,500, with altcoins generally displaying negative performance. The failure of BTC to maintain above $63,000 is unfavorable for the broader cryptocurrency market.
